7 feb vwap = 11.73 cents, page-6

Agreed haspete but I monitored today in 4 stages and it is nowhere near as bad as it comes across IMO.

Yes there was the party pooper. However they was more stock bought up thatn there was sold down, significantly more.

As recorded...

1st stage:
14,641,794 @ 12c bought up
622739 @ 11.5c sold down

2nd stage:
14,879,877 @ 12c bought up (no change)
1,889,822 @ 11.5c sold down

Then our party pooper, that did as I predicted and caused completely irational panic:


3rd stage:
14,879,877 @ 12c bought up (no change)
~ 6,304,292 @ 11.5c sold down
~ 2,000,000 @ 11.5c bought up

4th stage:
14,879,877 @ 12c bought up (no change)
9,551,986 @ 11.5c bought up
2,513,087 @ 11c sold down at closing auction.


Once again PEN went down on relatively lower volume than was bought up. On Balance Volume (OBV) once again in favour of buyers. But the sp closes down on lower volume making the chart look pretty crappy end of day, hiding reality.

Irrational fear I continue to find interesting.